GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tse Sui Luen Jewellery (International) Ltd (HKSE:00417) » Definitions » Retained Earnings

Tse Sui Luen Jewellery (International) (HKSE:00417) Retained Earnings : HK$123 Mil (As of Sep. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Tse Sui Luen Jewellery (International) Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tse Sui Luen Jewellery (International)'s retained earnings for the quarter that ended in Sep. 2024 was HK$123 Mil.

Tse Sui Luen Jewellery (International)'s quarterly retained earnings declined from Sep. 2023 (HK$482 Mil) to Mar. 2024 (HK$167 Mil) and declined from Mar. 2024 (HK$167 Mil) to Sep. 2024 (HK$123 Mil).

Tse Sui Luen Jewellery (International)'s annual retained earnings declined from Mar. 2022 (HK$612 Mil) to Mar. 2023 (HK$541 Mil) and declined from Mar. 2023 (HK$541 Mil) to Mar. 2024 (HK$167 Mil).


Tse Sui Luen Jewellery (International) Retained Earnings Historical Data

The historical data trend for Tse Sui Luen Jewellery (International)'s Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tse Sui Luen Jewellery (International) Retained Earnings Chart

Tse Sui Luen Jewellery (International) Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 611.90 540.51 166.72

Tse Sui Luen Jewellery (International) Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 540.51 482.32 166.72 122.93

Tse Sui Luen Jewellery (International) Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Tse Sui Luen Jewellery (International)  (HKSE:00417) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Tse Sui Luen Jewellery (International) Business Description

Traded in Other Exchanges
N/A
Address
30 Man Yue Street, Ground Floor, Block B, Summit Building, Hunghom, Kowloon, Hong Kong, HKG
Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and other countries.
Executives
Elmas Hong Kong Limited 2301 Trustee
Prime Investments S.a. 2201 Interest of corporation controlled by you
Tse Tat Fung, Tommy 2202 Interest of your spouse
Yau On Yee, Annie 2202 Interest of your spouse
Blink Technology Limited 2201 Interest of corporation controlled by you
Partner Logistics Limited 2101 Beneficial owner
Rosy Blue Jewellery (hk) Limited 2201 Interest of corporation controlled by you
Rosy Blue Overseas Holdings Limited 2201 Interest of corporation controlled by you

Tse Sui Luen Jewellery (International) Headlines

No Headlines